Published: Wed, March 21, 2018
Research | By Jody Lindsey

WhatsApp Co-Founder Says "It Is Time" to Delete Facebook

WhatsApp Co-Founder Says

The revelations about the Facebook's Cambridge Analytica scandal have led to 10% slip in Facebook's stock, leaving the online social media and social networking service company users agitated about the privacy violation.After both co-founders made billions by cutting a deal with Zuckerberg's Facebook in 2014, Acton left the company in September a year ago while Jan Koum continues to lead the charge.

Acton has nearly 21,000 Twitter followers. The tweet comes on the heels of an undercover investigation broadcast on the U.K.'s Channel 4 News Senior of Cambridge Analytica - the United Kingdom data company at the heart of a major global scandal into the mining of data from 50 million Facebook users in order to influence elections - in which execs were caught discussing its secretive and pivotal involvement in Donald Trump's election win.

Facebook acquired WhatsApp for $19 billion in February 2014. Acton left Facebook in September of 2017 to start his own non-profit company. His WhatsApp co-founder, Jan Koum, still leads the company and sits on Facebook's board.

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The "Delete Facebook" train just got another passenger.

On Monday, Facebook's shares fell 7 per cent after reports that British firm Cambridge Analytica, a consultant for now US President Donald Trump's Presidential campaign, used data, including user likes, inappropriately obtained from Facebook users to try and influence the elections held in November 2016. Facebook knew about the data leak back in 2015, but the public only learned after reports in the New York Times and Observer over the weekend.

Facebook CEO Mark Zuckerberg and COO Sheryl Sandberg have remained quiet throughout the scandal, inviting yet more criticism from analysts and investors, and fuelling critics who argue for more regulation of big tech companies.

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